IYRS SCHOOL OF TECHNOLOGY AND TRADES
449 THAMES STREET, NEWPORT, RI 02840 www.iyrs.edu

Total Revenue
$4,836,512
Total Expenses
$4,215,374
Net Assets
$18,180,257

Organizations Filed Purposes: IYRS EMPOWERS STUDENTS THROUGH IMMERSIVE, HANDS-ON LEARNING TO REALIZE THEIR FULL POTENTIAL IN CAREER AND IN LIFE.

THE BOATBUILDING & RESTORATION IS IS A TWO-YEAR PROGRAM ABOUT MASTERING A CRAFT BASED ON THE FUNDAMENTALS OF WOODEN BOATBUILDING. IN THE BOATBUILDING & RESTORATION PROGRAM, FIRST-YEAR STUDENTS' MAJOR PROJECT IS THE FULL RESTORATION OF BEETLECATS, SMALL PLANK-ON-FRAME BOATS, IN TEAMS OF TWO OR THREE STUDENTS. SECOND-YEAR STUDENTS TAKE ON THE RESTORATION OF LARGER PLANK-ON-FRAME SAILBOATS OR POWER BOATS AND LEARN MARINE BUSINESS OPERATIONS. IN SEPTEMBER 2019, THERE WERE 10 FIRST-YEAR AND 10 SECOND-YEAR STUDENTS ENROLLED IN THE BOATBUILDING & RESTORATION PROGRAM; DUE TO THE EFFECTS OF THE 2019 NOVEL CORONAVIRUS, THE PROGRAM WAS EXTENDING INTO FY 2021 FOR COMPLETION.THE MARINE SYSTEMS IS A A 6-MONTH PROGRAM THAT TRAINS STUDENTS TO INSTALL, REPAIR AND MAINTAIN EVERY ESSENTIAL SYSTEM ON BOATS OF ALL SIZES: ELECTRICAL, NAVIGATION, ELECTRONICS, STEERING, DIESEL ENGINES, PLUMBING, FIREFIGHTING, HVAC, REFRIGERATION AND MORE. IT IS AN INTENSE IMMERSION INTO THE WORLD OF MODERN BOAT SYSTEMS. STUDENTS WORK IN TEAMS AND RECEIVE TOP-TIER INSTRUCTION AND GUIDANCE FROM INDUSTRY EXPERTS. ABYC AND NMEA CERTIFICATION EXAM PREP IS A CORE PART OF THE CURRICULUM, SO STUDENTS ARE READY TO TAKE THE TESTS, AND ENTER THE INDUSTRY. IN SEPTEMBER 2019, THERE WERE 23 STUDENTS ENROLLED IN MARINE SYSTEMS PROGRAM, OF WHICH 23 RECEIVED THEIR CERTIFICATE IN MARINE SYSTEMS; THE MARCH COHORT WAS CANCELLED AS A RESULT OF THE 2019 NOVEL CORONAVIRUS.THE COMPOSITES TECHNOLOGY IS A 6-MONTH PROGRAM THAT HAS FOUR CORNERSTONES: COMPOSITES FUNDAMENTALS, COMPOSITES MANUFACTURING METHODS, COMPOSITES TOOLING DEVELOPMENT, AND COMPOSITES REPAIR AND REFINISHING. STUDENTS LEARN SKILLS SUCH AS VACUUM INFUSION PROCESSING, ADVANCED MOLDING, CAD/CAM OPERATIONS, ROBOTIC CNC PLUG BUILDING, REPAIR PRACTICES, AND MORE. DURING THE 6-MONTH PROGRAM, STUDENTS PREPARE TO TAKE SEVERAL ACMA CERTIFICATION EXAMS - THE GOLD STANDARD OF COMPOSITES CREDENTIALS. IN SEPTEMBER 2019, THERE WERE 16 STUDENTS ENROLLED IN THE COMPOSITES TECHNOLOGY PROGRAM, OF WHICH 9 RECEIVED THEIR CERTIFICATE IN COMPOSITES TECHNOLOGY ON TIME; THE MARCH COHORT WAS CANCELLED AS A RESULT OF THE 2019 NOVEL CORONAVIRUS.THE DIGITAL MODELING & FABRICATION IS A 9-MONTH PROGRAM THAT IS A TECHNICAL SKILL-BUILDING PLATFORM FOR THE MODERN MAKER OR MANUFACTURER. THE EXTRA-DISCIPLINARY CURRICULUM PROVIDES FOR THE OPPORTUNITY TO ENGAGE IN DESIGN THINKING, PROTOTYPING AND FABRICATION. IN SEPTEMBER 2019, THERE WERE 15 STUDENTS ENROLLED, DUE TO THE 2019 NOVEL CORONAVIRUS, THE PROGRAM EXTENDED IN TO FY 2021.

IYRS ALSO OWNS AND OPERATES A MARINA TO SHOWCASE CLASSIC AND OTHER BOATS, AND OWNS A TEMPORARY BUILDING USED FOR THE RESTORATION OF THE YACHT "CORONET". IN ADDITION, IYRS MANAGES OTHER RELATED ORGANIZATIONS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Jay CooganPRESIDENT/CEO50$271,077
Nora MeahDIR. OF ADMISSIONS & MARKE40$107,247
Monika MillerDIR. OF FINANCE & ADMINIST50$76,396
J Steven WhiteTRUSTEE0.5$0
Mark E WatsonTRUSTEE0.5$0
Tim RutterTRUSTEE0.5$0
Harry ReinTRUSTEE0.5$0
Carol O'MalleyTRUSTEE0.5$0
Douglas L NewhouseTRUSTEE0.5$0
Bill MorongTRUSTEE0.5$0
Terry L LanzaTRUSTEE0.5$0
John L Klinck JrTRUSTEE0.5$0
William KahaneTRUSTEE0.5$0
Ralph IshamTRUSTEE0.5$0
James A HiltonTRUSTEE0.5$0
Clare HarringtonTRUSTEE0.5$0
Seth HagenTRUSTEE0.5$0
Deborah L HadleyTRUSTEE0.5$0
Lawrence GlennTRUSTEE0.5$0
Stephen L GlascockTRUSTEE0.5$0
Glenn F FullerTRUSTEE0.5$0
Juergen FriedrichTRUSTEE0.5$0
Bill FirthTRUSTEE0.5$0
Joseph T DockeryTRUSTEE0.5$0
Peter DentonTRUSTEE0.5$0
Christopher J CulverTRUSTEE0.5$0
Malcolm D Clarke JrTRUSTEE0.5$0
William M BrooksTRUSTEE EMERITUS0.5$0
Michael J DominguezSECRETARY0.5$0
Darrell CrateTREASURER0.5$0
Ronald P O'HanleyVICE-CHAIRMAN0.5$0
Connell Christopher CannonCHAIRMAN0.5$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202100829349300800_public.xml